Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5 23Rd St N Fargo, ND 58102

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $13 SF/Yr ($6,248 /Mo)

    5,768 SF industrial space with 1.32-acre yard for lease.

    Property size:
    5,768 SF
    Lot size:
    2.94 Acres

    Property Features for 5 23Rd St N

    General Information

    Size
    5,768 SF
    Lot size
    2.94 Acres

    Source: Brokers Commercial Property LLC Agent Dan Sturlaugson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Large Yard

    This industrial building offers 5,768 square feet of shop and office space, complemented by a 1.32-acre yard. The property is suitable for fabrication, manufacturing, or heavy equipment operations. It features three overhead cranes, including two 4.5-ton cranes and one 2-ton crane. A 14-foot overhead door provides access to the space. Radiant heat is installed for climate control. An electric watchman security system is in place. The office area includes one private office, a break area, an open work area, and two restrooms. The yard provides ample space for storage or parking. The property is equipped with power, access, and security features.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fargo
    County
    Cass
    State
    North Dakota
    Longitude
    -96.8155637
    Latitude
    46.8768509

    Nearby Similar for Lease

    • $21 SF/Yr

      Prime Retail or Office Space

      Expansive property ideal for retail or professional offices with storage.
      2600 52Nd Ave S, Fargo, ND 58104
      View Details
    • $13 SF/Yr
      745 SF

      Historic Downtown Office Space

      Renovated office space in historic downtown building.
      117 Np Ave N, Fargo, ND 58102
      View Details
    • $19 SF/Yr

      Downtown Fargo Retail/Restaurant Space

      Prime downtown location with historical charm and modern amenities.
      420 Broadway N, Fargo, ND 58102
      View Details
    • $18 SF/Yr
      3,150 SF

      Remodeled Office Space For Lease

      Well-maintained, recently remodeled office space in a desirable location.
      4612 Amber Valley Pkwy S, Fargo, ND 58104
      View Details
    • Contact for pricing
      1,410,000 SF

      Dakota Commerce Center: Fargo, ND

      Class A Industrial Space - Flexible Options
      5050 37Th St, Fargo, ND 58102
      View Details
    • Contact for pricing
      266,200 SF

      Fargo Industrial Warehouse Space

      Modern warehouse, flexible spaces available
      3034 43Rd St, Fargo, ND 58102
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 5,768 SF industrial space with 1.32-acre yard for lease.
    Where is this manufacturing property located?
    The property is located at 5 23Rd St N Fargo, ND.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 1.32 Acre Yard: Ample outdoor space.; - 5,768 SF Versatile Space: Suitable for fabrication, manufacturing, or heavy equipment use.; - 3 Overhead Cranes: Includes 2 × 4.5-ton and 1 × 2-ton cranes for heavy lifting.
    (701) 893-2300
    Request Owner's contact information
    5 23Rd St N Fargo, ND 58102
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 23Rd St N
    Fargo, ND 58102
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 23Rd St N Fargo, ND 58102
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.